Southwestern Vermont Medical Center Inc
87% goes to programs $0 to raise $100 Growing revenue
Southwestern Vermont Medical Center Inc is a 501(c)(3) organization based in Bennington, Vermont, registered in 1986, with $228,775,984 in FY2023 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
100 Hospital Dr, Bennington, VT, 05201 EIN 22-2563241 Since 1986
Revenue (FY2023)
$228.8M
▲ 15.8% vs prior year
Health median: $840K
Expenses (FY2023)
$225.3M
Net assets
$53.9M
Employees
1,227
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Southwestern Vermont Medical Center Inc: 87% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
BFinancial health25% of the rating3 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Southwestern Vermont Medical Center Inc: 3 mo reserves · +2% margin earns a B on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Southwestern Vermont Medical Center Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Southwestern Vermont Medical Center Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Southwestern vermont health care exists to provide exceptional health care and comfort to the people we serve.
What they do
The medical practice group includes: primary care physicians, rheumatology and immunology, radiation oncology, medical oncology, pediatric practice, general surgery practice, gastroenterology, urology practice, orthopedics, three off campus clinics, internal medicine practice, infectious disease practice, ob/gyn practice, anesthesia services, dentistry, geriatric practice, pulmonology, dermatology, neurology, cardiology, palliative care and endocrinology.
Contact & location
- Address
- 100 Hospital Dr, Bennington, VT, 05201
- City
- Bennington
- State
- Vermont
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $150.0M (FY2013) to $228.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $81.1MNet assets $53.9M
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$135.0M
Total liabilities
$81.1M
Net assets
$53.9M
Salaries & benefits
$84.6M
38% of expenses
Board members
20
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $228,775,984▲15.8% | $225,308,778▲10.3% | $53,905,368▲20.9% | $134,963,149▲7.4% | 990 |
| 2022 | $197,634,599▲0.7% | $204,195,127▲4.3% | $44,586,571▼3.1% | $125,642,375▲1.2% | 990 |
| 2021 | $196,284,227▲2.7% | $195,800,914▲8.1% | $45,996,309▲20.0% | $124,177,920▲25.2% | 990 |
| 2020 | $191,097,274▲9.5% | $181,123,181▲7.7% | $38,330,896▲28.0% | $99,153,092▲2.3% | 990 |
| 2019 | $174,493,882▲1.2% | $168,245,806▲1.5% | $29,946,565▼16.5% | $96,938,761▲13.1% | 990 |
| 2018 | $172,434,909▼0.4% | $165,815,267▲0.9% | $35,856,219▼7.8% | $85,672,806▲5.8% | 990 |
| 2017 | $173,213,194▲6.2% | $164,337,066▲5.1% | $38,874,071▲22.8% | $81,005,430▼2.7% | 990 |
| 2016 | $163,128,224▲1.9% | $156,376,814▲1.6% | $31,644,287▲74.4% | $83,249,174▲2.5% | 990 |
| 2015 | $160,111,411▲5.8% | $153,986,016▲5.9% | $18,146,293▲18.2% | $81,182,934▲8.4% | 990 |
| 2014 | $151,401,083▲1.0% | $145,447,897▲1.6% | $15,356,002▼38.5% | $74,858,694▲11.3% | 990 |
| 2013 | $149,971,178 | $143,216,249▼1.1% | $24,960,630▲7.1% | $67,233,932▲4.7% | 990 |
| 2012 | — | $144,776,204▲2.4% | $23,312,211▲171% | $64,211,313▲10.9% | 990 |
| 2011 | — | $141,396,966▲9.1% | $8,590,218▼55.5% | $57,905,136▼4.4% | 990 |
| 2010 | — | $129,582,871▲0.9% | $19,321,894▼22.9% | $60,564,737▼8.5% | 990 |
| 2009 | — | $128,438,413 | $25,051,172 | $66,225,965 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Thomas A Dee — $716,001 (0.32% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas A Dee | Ceo | 36 | $716,001 |
| Stephen D Majetich | Former Officer | 26 | $545,090 |
| Kevin P Dailey | Vp Hr | 39 | $411,093 |
| Pamela A Duchene | Cno | 40 | $320,006 |
| Karen Willis | Nurse | 40 | $300,844 |
| Leslie J Keefe | Vp Svhc Foundation | 16 | $279,215 |
| Matthew Thompson | Controller | 40 | $276,872 |
| John P Labert | Anesthesia Assistant | 40 | $270,968 |
| Mary E Campbell | Anesthesia Assistant | 40 | $241,899 |
| Richard J Ogilvie Jr | Vp Cio | 40 | $240,805 |
| Lauren Feltz | Anesthesia Assistant | 40 | $228,372 |
| Michael E Brady | Trustee / Dentist | 1 | $177,101 |
| Robert Laba | Cfo/treasurer | 26 | $97,113 |
| Angie Marano | Trustee | 1 | — |
| Brian Barefoot | Trustee | 1 | — |
| Brian G O'grady | Trustee | 1 | — |
| Carl Dobson | Cmo | 1 | — |
| Carol Conroy | Trustee | 1 | — |
| Christine Miles | Trustee | 1 | — |
| Connie Jastermski | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Dartmouth Hitchcock Medical Center | Psa Agreement | $41,243,523 |
| Dartmouth Hitchcock Medical Center | Purchased Svcs - Lab, Tech, Admin, Pharm | $1,927,301 |
| Renovo Solutions LLC | Biomedical Engineering | $1,070,635 |
| Claro Healthcare LLC | Inpatient Cdi | $732,591 |
| Century Linen and Uniform Inc | Linen and Uniform Service | $502,739 |
Grants received · $812K total
15 grants to Southwestern Vermont Medical Center Inc totaling $812K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Vermont Community Foundation | Hoyt-hunter cancer center, to be matched | 2024 | $16,000 |
| Vermont Community Foundation | General purpose | 2023 | $21,890 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,800 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $55,000 |
| Mary Hitchcock Memorial Hospital | Program support | 2022 | $7,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $33,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $33,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $23,000 |
| American Cancer Society Inc | Patient support | 2021 | $7,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $429,000 |
| Vermont Community Foundation | General purpose | 2020 | $15,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $8,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $117,450 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $30,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $10,000 |
Grants made · $8,000 in FY2023
1 grant totaling $8,000 in FY2023. All grants made by Southwestern Vermont Medical Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Bennington County Regional Commission | Vista support | $8,000 |
Similar organizations in Health
Health
Central Vermont Medical Center Inc Hcsr
Berlin, VT
$319.9M
A+annual revenue
Health
Northwestern Medical Center Inc
St Albans, VT
$136.0M
Aannual revenue
Health
Northeastern Vermont Regional Hospital Inc
St Johnsbury, VT
$131.6M
Aannual revenue
Health
Porter Hospital Inc Hcsr
Middlebury, VT
$128.6M
Aannual revenue
Health
Brattleboro Memorial Hospital
Brattleboro, VT
$116.6M
Aannual revenue
Health
North Country Hospital & Health Center,inc
Newport, VT
$109.1M
Aannual revenue
Health
Copley Hospital Inc
Morrisville, VT
$107.6M
Aannual revenue
Health
Rutland Hospital Inc
Rutland, VT
$363.8M
Aannual revenue
Health
Windsor Hospital Corporation
Windsor, VT
$76.5M
Aannual revenue
Health
Gifford Medical Center Inc
Randolph, VT
$75.3M
Aannual revenue
Compare Southwestern Vermont Medical Center Inc
Frequently asked questions
- Is Southwestern Vermont Medical Center Inc a legitimate nonprofit?
- Yes. Southwestern Vermont Medical Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2563241, based in Bennington, Vermont. Donations are tax-deductible.
- What is Southwestern Vermont Medical Center Inc's EIN?
- Southwestern Vermont Medical Center Inc's Employer Identification Number (EIN) is 22-2563241.
- How much revenue does Southwestern Vermont Medical Center Inc report?
- Southwestern Vermont Medical Center Inc reported $228,775,984 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Southwestern Vermont Medical Center Inc's spending goes to programs?
- Southwestern Vermont Medical Center Inc spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Southwestern Vermont Medical Center Inc have?
- CharityIndex grades Southwestern Vermont Medical Center Inc A, based on program efficiency and fundraising cost.
- How much does Southwestern Vermont Medical Center Inc's highest-paid employee make?
- The highest reported compensation on Southwestern Vermont Medical Center Inc's latest Form 990 is $716,001, paid to Thomas A Dee (Ceo).
More nonprofits in Bennington
Explore more
Data for Southwestern Vermont Medical Center Inc (EIN 22-2563241) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.